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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Table summarizes hypothetical transactions that took place during a given year.
a. Calculate the U.S. merchandise trade, services, goods and services, income, unilateral transfers, and current account balances.
b. Which of these balances pertains to the net foreign investment position of the United States? How would you describe that position?
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Given the hypothetical items shown in Table 10.7, determine the international investment position of the United States. Is the United States a net-creditor nation or a net-debtor nation?
|
International Transactions of the United States (billions of dollars) |
|
|
Travel and transportation receipts, net |
$25 |
|
Merchandise imports |
450 |
|
Unilateral transfers, net |
_20 |
|
Allocation of SDRs |
15 |
|
Receipts on U.S. investments abroad |
20 |
|
Statistical discrepancy |
40 |
|
Compensation of employees |
_5 |
|
Changes in U.S. assets abroad, net |
_150 |
|
Merchandise exports |
375 |
|
Other services, net |
35 |
|
Payments on foreign investments in the |
_10 |
|
United States |
 |
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|
International Investment Position of the United State (billions of dollars) |
|
|
Foreign official assets in the United States |
$25 |
|
Other foreign assets in the United States |
225 |
|
U.S. government assets abroad |
150 |
|
U.S. private assets abroad |
75 |
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